Debt Relief

Business / Debt / Debt Relief: The last resort for a debtor when dealing with debt where the debtor cannot pay their debts - bankruptcy. The debtor will lose control of their assets, possibly including their home and their credit rating will be greatly affected.DebtorA debtor is an individual or sole trader who owes money to another person or company (creditor).

Business / Finance / Long-Term Debt-Capitalization: Indicator of financial leverage. Shows long-term debt as a proportion of the capital available. Determined by dividing long-term debt by the sum of long-term debt, preferred stock and common stockhold MORE